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Default 7 things about the economy

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On Sun, 24 Jan 2010 15:58:37 -0800, "nom=de=plume"
wrote:

What happens if the USA just says, "No"?

Just curious.

Short answer ...
The dollar would be devalued and oil would cost more, among other
things.



And the Chinese economy would tank.


The Chinese are actually in a better position to take the hit than we
were. They are really only a generation away from the 18th century way
of doing things in large parts of the country. If their economy
crashes it will disappoint a lot of people who thought they were
moving up but they won't starve.
My fear is they are a culture with a thousand year plan. They might be
willing to take those lumps to defeat us. It is certainly cheaper for
them than the thermonuclear war we had held over our heads for most of
the second half of the 20th century.



Nope.. much worse. They're basically still a third-world country. People
would starve and die.

You're right about the culture thing though. The leaders don't care if
millions die. They already proved that in the Cultural Rev.

--
Nom=de=Plume


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